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Microcap & Penny Stocks : Tri-Valley Corp. (OTC BB: TRIL) -- Ignore unavailable to you. Want to Upgrade?

To: yellowtail who wrote (1758)	12/16/1997 10:43:00 AM
From: John M. Allen	Read Replies (1) \| Respond to of 4821

Hi, Yellowtail-Welcome to the thread. I cannot say exactly who manufactures the equipment but, from the press release of June 12, we have entered into a letter agreement with WPS Power Development. These are the pros in the electrical energy development field. Hope this helps. pdi.wpsr.com

To: yellowtail who wrote (1758)	12/16/1997 11:04:00 AM
From: White Knight	Read Replies (1) \| Respond to of 4821

Welcome aboard, Yellowtail ! The small power generators are manufactured by various companies, such as Caterpillar, etc. However, the thing to keep in mind is that many of these small generators are readily available to be leased for releatively modest prices, about a few thousand dollars per month. California, by far the most populous state, is in fact a net importer of energy. Its electrical rates are currently, almost twice the national average. (The new deregulation of electricity and the ensuing competition will take care of that discrepency, I suspect, in a relatively short order.) Many of Tri-Valley's existing natural gas wells and the large Tracy gas discovery which is to be hooked up shortly and the potentially humongous F-zone gas well, which is scheduled to commence drilling before this week-end, are all ideal for beig used for generating electricity, using the aforementioned small generators. Generating electricity by putting these small generators at the well-heads and readily selling that electricity by using common carriers, as of January 01, 1998, can provide much more income than selling gas in its raw form. Therein, lies the great potential for much improved income for appropriately licensed gas companies, such as Tri-Valley, which boasts relatively much larger wells than its nearest competitors in California.

To: yellowtail who wrote (1758)	12/16/1997 1:42:00 PM
From: Roy Chiesa	Read Replies (1) \| Respond to of 4821

Hellooooooo Yellow tail, I see you have already received some answers to your question. Like the White Knight says, there are a number of companies out there in the field generation business. One that comes to mind is Sonat, which markets these units (it's also in the gas exploration and transmission business). In order to have the natural gas resources to continue the power generation we still need to look at my long standing posture, a company needs to "lease and drill", and "lease and drill", etc. I believe that CEO Blystone is right on track with this concept. My recollection is that back at the stockholders meeting in Santa Barbara at the first of the year we were talking like 700 to 1,000 acres under lease. An excerpt from the Sacramento Business Journal dated 11-28-97 states **Tri-Valley also leases 2,400 acres in the Delta and is looking at several thousand more, but Blystone declined to say where.**** That's still not big acreage when compared to exploration company holdings in Texas, for example, but this is very concentrated acreage, rich in natural gas waiting to be discovered in California. Apparently, Tri Valley's geologists appear to have the knack for pinpointing the gas pool spots, given their impressive success rate to date. Bad Dog